FundedIQ
Health Care

Truemeds: Funding, Investors & Team (Oct 2026)

Truemeds is a telehealth platform that makes healthcare accessible to every patient. It advises patients about substitute medicines offered by reputed pharmaceutical companies and recommends appropriate value medicines to customers with precise scientific matching and outcome history. Co-founded in 2019 by Akshat Nayyar and Kunal Wani. the company is headquartered in Mumbai, Maharashtra.

www.truemeds.in LinkedIn Mumbai, India 51-100 employees
Health Care Medical Pharmaceutical
Total raised
$26.8M
Rounds
2
Latest
Series B
Apr 2022

Truemeds has raised $26.8M across 2 funding rounds on record, the most recent a Series B of $21.8M announced in Apr 2022.

That round is above the $4.9M median round size for Health Care companies tracked on FundedIQ over the last two years.

Truemeds Company Profile and Key Stats

Total funding raised
$26.8M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$21.8M in Apr 2022
Employees
51-100
reported band
Headquarters
Mumbai, India

Latest funding round on record: Apr 2022.

Truemeds Funding Rounds

Date
Round
Amount
Series B
$21.8M
Undisclosed round
$5.0M

Truemeds raised $5.0M in an undisclosed round announced in Jun 2021.

10 months later, a Series B of $21.8M was announced in Apr 2022.

Truemeds Founders and Leadership Team

Name
Role
Contact
Akshat Nayyar
Founder
Locked

Contact details for the Truemeds team: 1 of 1 has an email address on file.

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Truemeds Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,659
$4.9M
3,308
$3.0M
4,401
$31M

Truemeds' latest round of $21.8M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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Truemeds Funding FAQs

What does Truemeds do?

Truemeds is a telehealth platform that makes healthcare accessible to every patient. It advises patients about substitute medicines offered by reputed pharmaceutical companies and recommends appropriate value medicines to customers with precise scientific matching and outcome history. Co-founded in 2019 by Akshat Nayyar and Kunal Wani. the company is headquartered in Mumbai, Maharashtra.

How much funding has Truemeds raised?

Truemeds has raised $26.8M across 2 rounds on record. The most recent is a Series B of $21.8M announced in Apr 2022.

When did Truemeds last raise funding?

Truemeds' most recent funding round on record is a Series B of $21.8M, announced in Apr 2022.

Who founded Truemeds?

FundedIQ lists Akshat Nayyar (Founder) at Truemeds.

Where is Truemeds headquartered?

Truemeds is based in Mumbai, Maharashtra, India.

How many employees does Truemeds have?

Truemeds is in the 51-100 employee band.

How does Truemeds' funding compare to other Health Care startups?

Truemeds' latest round of $21.8M is above the $4.9M median round size for Health Care companies on FundedIQ across 3,659 tracked companies over the last two years.

About FundedIQ's Truemeds Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Truemeds is left off this page rather than filled in.

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